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How BI Becomes Analytics at a Utility
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Re: start with the basics
  • 7/28/2013 8:30:22 PM
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I don't have a metter either. I am currently living in an appartment and the utilities are included in the rent. This way I don't have to worry about paying utility bill every month.

Re: start with the basics
  • 7/26/2013 11:54:23 AM
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Well Joe it appears that an education initiative and marketing program should be implemented for our good friends at the PUC.

Re: start with the basics
  • 7/26/2013 11:48:45 AM
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yes!!!!

You are absolutely correct! I think there is a huge disconnect between what the people on regulatory commissions understand about the utility business and what the utility business could achieve through the use of analytics.


The problem in my view is that the people who are on PUCs are sometimes elected officials with very little understanding of the oportunities available to utility companies through technolgy/analytics.


I think that a analytics marketing program aimed at regulatory commissioners would be successful in explaining their application to utilities and it would help move the ball in terms of greater adoption of analytics by utility monopolies who have no incentive to change.

Re: start with the basics
  • 7/25/2013 8:55:32 PM
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I have lived in places that bill a flat rate ( based on an assumed consumption). With the meter you will know and be able to regulate your bill to some extent. I still would opt for the control.

Re: start with the basics
  • 7/25/2013 1:24:58 PM
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Beth, if you don't have a meter, how are you billed for service?

Re: start with the basics
  • 7/25/2013 11:38:35 AM
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Alexis, utilities are regulated monopolies. As such their regulatory commissions have the carrot and stick to have them implement any program or system deemed crucial or beneficial to deliver efficient service. Maybe that's where the push should occur.

Re: start with the basics
  • 7/25/2013 10:42:25 AM
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Speaking of meter data... One of my weekend projects is to research and evaluate whether we should have a water meter installed at my house. It's an optional installation program here, and having just received my water bill yesterday, and seeing the amount I now owe, I think it's time to revisit our decision not to have a meter installed  -- especially since I'll have three girls leaving the house in another month for most of the year. That'll cut down on lots of showering and laundry!

 

Asking The Right Questions
  • 7/25/2013 10:15:00 AM
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The list of possible uses was an informative one. An example of how thinking around the problem and asking the right questions will come up with the creative ways to solve issues. Now if we could only train folks to use their creative intelligence more fully to solve analytical problems.

start with the basics
  • 7/25/2013 10:03:22 AM
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I understand less than half of  utilities have a meter data management system in place. From my perspective, I'd like to see them all start with basics like that.

SAS report
  • 7/25/2013 9:56:38 AM
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A SAS report last year found analytics for utility companies can deliver fact-driven decisions regarding

• Renewables integration.

• Network and outage management.

• Customer engagement.

• New products.

• Custom pricing.

• Grid automation.

• Regulatory compliance

The promise of better-informed business operations is precisely why the majority (three- fourths) of all 218 respondents to a recent Energy Central survey said they recognize the potential in breaking down information silos, managing new data and sharing information acr oss the organization, but they've only just begun to act on this promise and struggle with several barriers, including budget and change management.



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